It’s the beginning of an era, and the era is here for tech companies like Apple and Amazon, two companies that are going through a major transformation, according to a new report from McKinsey.
The McKinsey report says that, in the past three years, the tech industry has seen a “significant” shift from a “high-growth” to a “low-growth sector.”
McKinsey says that companies are looking to the future, but their current vision of the future is not a sustainable one.
In the report, the report says companies are moving away from high-growth to low-growth.
According to the report: “Companies are increasingly focused on the next-generation computing ecosystem and are prioritizing innovation and scale over traditional profitability.”
As a result, the McKinsey team says that the tech sector is “increasingly becoming a low-risk, high-reward business, rather than a high-risk low-revenue business.”
The report states that, among the companies surveyed, “only a small fraction of companies have any meaningful growth plans and have either reached a level of profitability or are planning to be profitable.”
“They’re moving towards a lower risk, higher reward business model,” said Kevin Murphy, the managing director of McKinsey’s digital businesses and strategy group.
He added that the report is an “important and timely” reminder of how much the technology industry is changing and how quickly the industry needs to change.
The McKinseys report says the tech landscape is becoming “an increasingly risky, high risk business.”
It says that many companies are focusing on the technology they create, and are “increasing the number of users, users per employee and user acquisition in the business, which has increased significantly.”
“While some companies have been focusing on high-margin products that can drive more revenue, others have been focused on low-margin services that can deliver lower-cost, lower-quality products that may or may not generate a return on investment,” the report states.
McKinseys report also found that companies in the tech business are increasingly focusing on data mining and “analytics.”
According the report’s analysis, companies like Amazon and Apple have become big data companies, and they are also starting to focus more on analytics and machine learning.
McKinsey’s report found that while some of these companies are not doing well, they have done a great job of transitioning their business models from high profit margins to low cost margins.
The company says that in the coming years, these companies will need to make significant changes in how they are structured, as well as in how their operations are managed.
“Companies will have to adapt to the new business model and make significant investments to ensure they continue to deliver high-quality, scalable products and services to their customers,” the McKinseys study states.
A major change to the tech world will be the “disruption” that is expected to follow from the technology and data industries, according McKinsey, which is based in the United States.
Read more at Recode: The tech industry and its growth are about to get a whole lot worseThe McKinays report predicts that “the tech industry will see significant disruption, with disruptive technologies and their associated disruptive technologies displacing many of the traditional companies that have made this industry successful.”
It predicts that companies will be looking to new markets and more efficient processes.
It also predicts that there will be fewer “low growth” companies in tech, which will be replaced by more high-tech companies.
This is not the first time that McKinsey has predicted a “disruptive” tech world.
In December, the company warned that “more than 70 percent of American companies are in a low growth sector and about 60 percent of them are high-cost companies.”
The McKinys report also says that “high growth” tech companies will have a “very hard time” competing with other businesses in the future.